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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹7 Cr.
Stock P/E
2.1
P/B
-0.8
Current Price
₹15
Book Value
₹ -19.4
Face Value
10
52W High
₹28.5
52W Low
₹ 15
Dividend Yield
0%

Suryavanshi Spg Mill Overview

Business

Suryavanshi Spinning Mills Ltd. is an Indian textile company primarily engaged in the manufacturing of various types of spun yarn. Its core business involves processing raw fibers, predominantly cotton and man-made fibers, into yarn for further use in weaving and knitting. The company produces a diverse range of yarns including 100% cotton yarn (carded, combed, compact, organic), blended yarns (e.g., polyester-viscose, cotton-modal, cotton-polyester), melange yarn, and grey yarn. It operates integrated spinning facilities. The company generates revenue by selling these yarns to domestic fabric manufacturers, knitters, and garment exporters, as well as directly exporting to international markets.

Revenue Mix

The primary business segment for Suryavanshi Spinning Mills Ltd. is the manufacturing and sale of spun yarn. While the company offers a variety of yarn types (cotton, blended, melange), these are generally consolidated under a single 'textile products' segment for financial reporting purposes. Specific revenue contributions from different yarn types or geographical sales mix (domestic vs. export) are not typically detailed in public filings by pure-play spinning companies, but all revenue stems from yarn sales.

Industry

The Indian textile spinning industry is highly fragmented, characterized by a large number of players and significant competition. India is a major global producer and exporter of yarn. The industry is capital-intensive and heavily reliant on the availability and price stability of raw materials, primarily cotton. With an installed capacity of over 1.6 lakh spindles and 2880 rotors, Suryavanshi Spinning Mills positions itself as a medium-to-large-scale player. It differentiates itself through a wide product range and a focus on quality, evidenced by certifications like GOTS and Oeko-Tex Standard 100, which enable it to cater to both domestic and international markets, including those with stringent quality and sustainability demands.

MOAT

Suryavanshi Spinning Mills' competitive advantages likely stem from:

Operational Scale & Efficiency: Its substantial spindle capacity allows for economies of scale in raw material procurement and manufacturing, potentially leading to cost efficiencies.

Product Diversification & Quality: Offering a broad portfolio of yarns (cotton, blended, melange, organic) helps cater to diverse customer needs and reduces dependence on a single product. Quality certifications open doors to premium and export markets.

Established Customer Relationships: Long-standing relationships with domestic and international buyers provide market stability and repeat business.

Experience in the Industry: The promoter group's long tenure in the textile sector provides operational expertise and market understanding.

Growth Drivers

Rising Domestic Textile Demand: Increasing disposable incomes, population growth, and evolving fashion trends in India are expected to drive higher domestic consumption of textiles and apparel.

Export Market Growth: Global demand for Indian textiles and yarn, supported by India's competitive manufacturing base and potential trade agreements, offers significant export opportunities.

Government Initiatives: Schemes such as the Production Linked Incentive (PLI) scheme for textiles and apparels could incentivize capacity expansion, technological upgrades, and diversification into value-added products.

Product Diversification: Expansion into higher-margin, specialized, or technical yarns can improve profitability and market positioning.

Risks

Raw Material Price Volatility: Fluctuations in cotton and other fiber prices are a major risk, as they directly impact production costs and profitability, often with limited ability to pass on increases to customers.

Intense Competition: The highly fragmented nature of the spinning industry leads to fierce price competition, which can put pressure on margins.

Currency Fluctuations: As a significant exporter, the company is exposed to foreign exchange rate volatility, which can affect export realizations and profitability.

Global Economic Downturns & Trade Policies: Reliance on international markets makes the company vulnerable to global economic slowdowns, protectionist trade measures, and geopolitical tensions.

Regulatory and Environmental Compliance: Evolving environmental regulations related to water usage, waste management, and energy consumption could lead to increased operational costs and compliance challenges.

Management & Ownership

Suryavanshi Spinning Mills Ltd. is promoted by the Suryavanshi family, who hold a substantial ownership stake. Mr. Brij Mohan Suryavanshi, as Chairman & Managing Director, and Mr. Praveen Suryavanshi, as Joint Managing Director, are key figures from the promoter group. The management team is expected to possess considerable experience and expertise in the textile industry, crucial for navigating raw material sourcing, production efficiencies, and market dynamics in a capital-intensive and competitive sector.

Outlook

Suryavanshi Spinning Mills operates in a fundamental yet competitive segment of the textile value chain. The company benefits from India's strong position in global yarn production and a growing domestic market. Its diversified product range, focus on quality, and established manufacturing scale provide a foundation for stability. Potential growth drivers include increasing textile demand both domestically and internationally, alongside supportive government policies.

However, the outlook is tempered by significant challenges. The inherent volatility of raw material prices, intense competition, and exposure to global trade dynamics present continuous risks to profitability and operational stability. The company's success will depend on its ability to effectively manage raw material procurement, maintain high operational efficiency, adapt to evolving market demands for specialized yarns, and navigate a complex and competitive operating environment.

Suryavanshi Spg Mill Share Price

Live · BSE / NSE · Inception: 1978
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Suryavanshi Spg Mill Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 0 0 0 0 0 1 1 1 2 2
Other Income 0 1 0 0 0 1 0 0 0 0
Total Income 0 1 0 0 0 2 1 1 2 2
Total Expenditure 0 0 1 1 0 1 1 2 1 1
Operating Profit 0 1 -1 -1 0 1 0 -0 1 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 4 0 0 0 4 0 0 0 0
Profit Before Tax -0 5 -1 -1 -0 5 -0 -1 1 0
Provision for Tax 0 0 0 -0 0 -0 0 0 0 0
Profit After Tax -0 5 -1 -1 -0 5 -0 -1 1 0
Adjustments -1 -2 -0 -1 -1 -2 0 -0 2 -1
Profit After Adjustments -1 3 -1 -2 -1 3 0 -1 3 -1
Adjusted Earnings Per Share -0.3 9.6 -2.4 -2.3 -0.2 10.8 -0.4 -1.1 2.3 0.3

Suryavanshi Spg Mill Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 106 102 65 33 20 26 43 53 1 1 1 6
Other Income 2 1 1 0 0 1 0 2 0 2 2 0
Total Income 108 103 66 33 20 27 44 54 2 2 3 6
Total Expenditure 101 99 70 37 21 31 40 50 2 1 3 5
Operating Profit 6 4 -4 -4 -1 -4 4 5 -0 1 0 1
Interest 4 5 6 1 1 2 2 2 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 0 1 1 0
Exceptional Income / Expenses 0 -0 0 3 0 8 0 0 2 7 4 0
Profit Before Tax 0 -3 -12 -4 -3 -1 0 2 1 7 3 0
Provision for Tax 0 1 1 0 0 0 1 0 0 0 -0 0
Profit After Tax 0 -4 -13 -4 -3 -1 -1 2 1 7 3 0
Adjustments 0 0 0 0 0 0 0 0 -2 -5 -5 1
Profit After Adjustments 0 -4 -13 -4 -3 -1 -1 2 -0 1 -2 1
Adjusted Earnings Per Share 0.6 -8.6 -26.1 -7.2 -6.9 -1.8 -1.6 3.1 2.8 13.8 7.1 1.1

Suryavanshi Spg Mill Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 14 10 -3 -6 -9 -11 -11 -9 -10 -8 -10
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 19 19 17 15 16 12 12 11 20 12 12
Other Non-Current Liabilities 1 1 1 1 1 1 1 1 1 5 3
Total Current Liabilities 24 27 33 32 32 36 38 37 25 17 13
Total Liabilities 58 57 49 42 40 38 39 40 36 26 18
Fixed Assets 32 31 33 31 29 26 25 25 24 10 8
Other Non-Current Assets 3 6 2 2 2 2 2 2 2 2 2
Total Current Assets 23 20 14 9 9 9 12 13 11 14 8
Total Assets 58 57 49 42 40 38 39 40 36 26 18

Suryavanshi Spg Mill Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 3 0 0 0 0 0 2 0 1 0
Cash Flow from Operating Activities -7 6 2 4 2 -1 4 7 -4 -14 1
Cash Flow from Investing Activities -1 -4 0 1 -0 7 1 -3 6 19 1
Cash Flow from Financing Activities 9 -5 -2 -6 -2 -6 -3 -6 -1 -6 -2
Net Cash Inflow / Outflow 1 -2 -0 -0 -0 0 1 -1 0 -0 -0
Closing Cash & Cash Equivalent 3 0 0 0 0 0 2 0 1 0 0

Suryavanshi Spg Mill Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.59 -8.56 -26.06 -7.22 -6.93 -1.78 -1.57 3.07 2.78 13.82 7.1
CEPS(Rs) 4.12 -5.03 -22.35 -3.33 -3.19 1.72 1.96 6.57 3.65 14.84 8.3
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 28.31 19.76 -5.46 -12.64 -18.88 -21.82 -22.6 -19.09 -19.71 -16.76 -20.18
Core EBITDA Margin(%) 4.6 2.67 -7.03 -11.76 -6.26 -19.29 7.99 5.97 -27.99 -90.13 -140.75
EBIT Margin(%) 4.41 1.96 -8.96 -8.59 -14.2 6 5.08 5.74 119.99 1075.93 330.75
Pre Tax Margin(%) 0.27 -3.28 -18.14 -10.74 -16.93 -3.38 0.93 2.85 97.87 1032.63 307.44
PAT Margin (%) 0.27 -4.12 -19.54 -10.74 -16.93 -3.38 -1.78 2.85 97.59 1032.63 313.37
Cash Profit Margin (%) 1.9 -2.42 -16.76 -4.95 -7.8 3.27 2.22 6.1 128.32 1109.35 366.41
ROA(%) 0.5 -7.32 -24.12 -7.77 -8.32 -2.25 -2 3.81 3.6 22.02 16
ROE(%) 2.07 -35.6 -364.67 0 0 0 0 0 0 0 0
ROCE(%) 10.81 4.15 -14.48 -8.59 -9.75 6.59 11.73 19.32 12.23 73.94 93.4
Receivable days 19.78 16.76 16.98 20.76 30.99 30.29 26.03 19.03 507.66 548.47 136.92
Inventory Days 35 38.61 51.71 53.3 37.15 31.33 30.83 37.13 1356.09 1382.59 161.29
Payable days 55.14 28.46 49.23 106.75 443.41 139.66 119.31 126.35 6717.2 0 0
PER(x) 14.89 0 0 0 0 0 0 5.36 7.75 1.68 3.37
Price/Book(x) 0.31 0.47 -1.72 -0.47 -0.26 -0.37 -0.35 -0.86 -1.09 -1.38 -1.19
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.35 0.4 0.64 1.21 1.94 1.32 0.72 0.58 23.99 37.56 21.79
EV/Core EBITDA(x) 5.87 10.45 -10.34 -11.26 -38.32 -7.86 8.01 6.47 -123.17 25.53 158.59
Net Sales Growth(%) -5.83 -4.27 -35.71 -49.58 -39.1 28.71 67.39 22.03 -97.36 -52.98 69.29
EBIT Growth(%) -4.48 -57.5 -394.07 51.66 -0.69 154.37 41.64 37.94 -44.73 321.64 -47.96
PAT Growth(%) 199.07 -1546.04 -204.65 72.29 3.98 74.3 11.83 295.51 -9.58 397.56 -48.63
EPS Growth(%) 199.06 -1546.11 -204.65 72.29 3.98 74.3 11.84 295.52 -9.59 397.56 -48.62
Debt/Equity(x) 2.59 3.75 -14.03 -6.01 -3.97 -2.83 -2.61 -2.44 -2.44 -1.63 -1.27
Current Ratio(x) 0.95 0.72 0.42 0.28 0.27 0.26 0.32 0.34 0.42 0.83 0.62
Quick Ratio(x) 0.52 0.31 0.19 0.22 0.21 0.19 0.2 0.18 0.25 0.8 0.59
Interest Cover(x) 1.07 0.37 -0.98 -3.99 -5.2 0.64 1.22 1.99 5.42 24.85 14.19
Total Debt/Mcap(x) 8.33 8.06 8.17 12.75 15.45 7.71 7.57 2.83 2.23 1.18 1.07

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -73% -48% -37%
Operating Profit CAGR -100% -100% -100%
PAT CAGR -57% +14%
Share Price CAGR -39% -14% +11% +3%
ROE Average 0% 0% 0% -36%
ROCE Average +93% +60% +42% +18%

Suryavanshi Spg Mill Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 62.97 %
FII 0 %
DII (MF + Insurance) 0.01 %
Public (retail) 37.03 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 58.0758.0758.0758.0758.0758.0762.9762.9762.9762.97
FII 0000000000
DII 0.010.010.010.010.010.010.010.010.010.01
Public 41.9341.9341.9341.9341.9341.9337.0337.0337.0337.03
Others 0000000000
Total 100100100100100100100100100100

Suryavanshi Spg Mill Peer Comparison

Textile - Spinning Edit Columns

Suryavanshi Spg Mill Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Suryavanshi Spg Mill Pros & Cons

Pros

  • Stock is trading at -0.8 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
  • Earnings include an other income of Rs. 2 Cr.
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